News - Page 1196

Hyundai’s first quarter profits fell 10.2% to 307.4bn won (£165m) compared to 342.39bn won (£185m) over the same period a year ago.

MNH Vehicle Contracts has taken over Platinum Fleet Management for an undisclosed sum.

A Chinese vehicle manufacturer will enter the top 10 most successful manufacturers by 2020, according to new research from a growth consulting company.

Subaru is running a special five years’ peace of mind offer for all B9 Tribeca SUV customers from today until July 31.

The Transport Research Laboratory has appointed Ian Graham as its new general manager.

Ford has been voted Britain’s most trusted car brand for the seventh consecutive year by Reader's Digest readers.

A motor retailer founded in 1919, which has had its Subaru/Isuzu franchise terminated by IM Group, says it was losing money after pressure to self-register cars.

FJ Chalke, a dealer group based at Warminster, Wiltshire, has paid more than £1m to acquire Vale Motors of Wincanton and its freehold site.

With the current focus on CO2 emissions and fuel consumption, the first quarter’s registration figures are being scanned for signs of downsizing.

Say the word hybrid and you think of one manufacturer: Toyota. The world’s most successful car brand has carved out a saintly, electric niche of its own in the past decade with cars like the Prius.

The new Mondeo will feature the most hi-tech driver technology ever seen in a car from Ford as the manufacturer attempts to take its vital upper-medium model upmarket.

British van maker LDV is promising to double production at its Birmingham plant in the next year and become a global player.

Workers in the UK are facing an uphill struggle as latest figures show an increase in the number of redundancies.

Michelin has decided to close its final salary pension scheme and transfer members to a ‘less favourable’ one, according to the Transport and General Workers Union.

Paul Philpott reveals to AM editor Stephen Briers the significant role fleet will play in broadening the appeal of Kia, riding on the crest of the wave created by the new Cee'd and the plans to introduce a fleet programme championed by up to 30 UK dealers.

David Jeggar will step down as HR Owen’s finance director tomorrow.

Gilbran, the automotive real estate company, has completed work on the new Truro Mercedes-Benz dealership for City West Country (‘CWC’).

BMW UK has joined forces with AEG to become the official automotive partner with the new O2 Arena in London.

Nissan’s facelifted 350Z coupe and roadster will be priced at £26,795 and £28,295 on-the-road respectively when they go on sale next month.

Pinewood's Pinnacle dealer management system is now available with a Chip and PIN function for UK dealers.

Hyundai has started construction of a €1.1 billion (£750m) manufacturing plant in Nosovice, Czech Republic.

Blue Bell Mini in Crewe has appointed Chris Booth as its newest sales executive.

Lotus Engineering, the engineering arm of Group Lotus, and Siemens VDO Automotive have joined forces to develop low emissions technology for a new model.

UK car production took a 13.3% drop in March to 138,036 units.

The announcement that Toyota has appointed its first non-Japanese director, American Jim Press, underlines the growing global opportunities for the best people.

On April 13, Aston Martin workers took strike action over pay conditions when 656 Transport and General Workers Union (T&G) members walked out an hour before the end of their shift.

Ford will update its Galaxy and S-Max models tomorrow with new features and specifications.

Kia is recalling 1,561 Kia Sorentos to rectify an airbag wiring problem.

Business confidence in the motor retail industry has risen for the second consecutive quarter, and is now running at a record high since the launch of the AM/HPI Litmus Test in November 2005.

Pendragon will combat the over-supply of nearly-new cars in the first quarter by completing its business restructure plans, which includes the termination of 26 new car franchises.